Thales : discloses its order intake and sales at 30 Septembre 2019 - Slideshow - 22 October 2019

9m 2019 order intake and sales

22 October 2019

www.thalesgroup.com

Q3 2019 highlights

Robust defence	Commercial	Solid progress	2019 CMD: new
budget growth	space market	in integration	medium-term
confirmed	recovering	of Gemalto	targets
	gradually

9m 2019 order intake and sales - 2

Key figures

€m	9m 2019	9m 2018	Change	Q3 2019	Q3 2018	Change
	total	organic	total	organic
Order intake	10,445	9,468	+10%	-6%	3,450	3,137	+10%	-14%
Sales	12,410	10,873	+14.1%	+0.0%	4,220	3,421	+23.4%	+0.9%

Order intake slightly lower than expectations Sales affected by slowdown of space and by high comps

9m 2019 order intake and sales - 3

9m 2019 order intake

Order intake by contract unit value

Solid order intake, slightly lower than expectations

2 large(a) orders booked in Q3 2019, for a total of 9 in 9m 2019

Combat management systems for 2 ships

Modernization of French military satellite- based navigation

Small orders(b) slightly up at constant scope

€m

9,468	-6%
2,427	Unit value
	> €100m
2,381	€10m <
Unit value
	< €100m
4,661	Unit value
< €10m

+17% 10,445

8,917 1,905

1,905

2,289

2,266

6,250

4,745

1. With a unit value over €100m
2. With a unit value of less than €10m

9m 2018

9m 2019

9m 2019

before

acquisitions

9m 2019 order intake and sales - 4

9m 2019 organic sales growth

Gemalto scope effect

9m organic sales trend

by region

Small positive currency impacts for	Base 100 in 2014

Q3 and 9m 2019		167
Q3: +€25m, +0.6% of sales		156
9m: +€85m, +0.7% of sales	Emerging	150
markets	142
Geographically contrasted		Mature
121	markets
organic sales growth

Negative growth in emerging			121
100		116
markets (-10%) after several years of
	107	107
high growth	100	98

Confirmed growth in mature

9m 2014 9m 2015 9m 2016 9m 2017 9m 2018 9m 2019

markets: +4.2%

9m 2019 order intake and sales - 5